Artesian Resources (ARTNA) Expected to Announce Earnings on Monday

Artesian Resources (NASDAQ:ARTNA) is expected to be posting its quarterly earnings results before the market opens on Monday, May 5th. Analysts expect Artesian Resources to post earnings of $0.35 per share and revenue of $25.00 million for the quarter.

Artesian Resources (NASDAQ:ARTNA) last released its earnings results on Tuesday, March 25th. The utilities provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. Artesian Resources had a return on equity of 8.57% and a net margin of 18.96%. The firm had revenue of $25.00 million for the quarter, compared to the consensus estimate of $25.00 million. On average, analysts expect Artesian Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Artesian Resources Trading Down 1.2 %

Shares of ARTNA opened at $34.33 on Monday. The company has a current ratio of 1.22, a quick ratio of 1.07 and a debt-to-equity ratio of 0.74. Artesian Resources has a twelve month low of $29.45 and a twelve month high of $41.29. The company has a market cap of $353.70 million, a P/E ratio of 17.61 and a beta of 0.27. The company’s fifty day simple moving average is $32.65 and its 200-day simple moving average is $32.74.

About Artesian Resources

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware.